Are you Guys Rich or What!?


I have an old system, nothing special, Adcom, Vandersteens etc and I recently set foot for the first time in a "high end" shop, hoping to get to the next level of audio nirvana. When I saw some of the prices for monoblock amplifiers, cables, the latest speakers etc, I practically fell off my chair when I realized that I could blow $50-100K pretty easily on this stuff. I am not rich. Do you big budget system guys all work on Wall Street or something or do you eat macaroni and cheese most nights to put a few bucks away for CDs and your next upgrade?
thomashalliburton5534
Cogito - There is an excellent book titled "Luxury Fever" that discusses the phenomena you refer to of the constant need / push to define "the best" (of whatever) in increasingly fantastic (and expensive) terms. The author argues, much as you do, that by participating in these areas by purchasing the high-end version of whatever, you're fueling the need to move it to a higher level. Hence, the effect of buying a state-of-the-art $100K speaker system is that you're helping to push the definition of state-of-the-art to $200K. The author goes on to argue that this type of luxury should have the crap taxed out of it such that the only people who would actually pay for it are the truest of enthusiasts who are buying it for the enhanced performance.

Using the phrase "moral issue" is bound to inflame the conversation, and maybe those who have used it don't intend it as strongly as it sounds. At the very least, the subject of audio equipment and a specific price point is completely arbitrary as it relates to the moral aspects of this conversation - I just sold a rental house for the same price range as the audio equipment we're talking about even though I could have moved my family there, sold my more expensive house that we currently live in, and used the proceeds for a more noble cause. The same type of thing happens dozens of times a week to almost anyone living in a capitalist society, just at different levels.

As those who have read my previous posts know, I believe in VALUE when it comes to assembling a high-quality audio system. If you are just starting into this hobby, used gear is the best way to start, and there are some great buys on Audiogon. For about $5000, you can build a very good system based on CD sources. If you plan to invest in vinyl playback as well, you will have to add another $1000-1500. Here are some suggestions: 1. If you are going to use your system for home theater as well as audio, get a good quality DVD/CD player. The 16-bit CD is already "old technology", so get a DVD player with 24/96 capability. 2. Get a good quality integrated amp, such as Bryston's BP-60 or Musical Fidelity's CR3 (available from Audio Advisor), OR a good preamp/power amp combo from manufacturers such as B&K, Adcom, Rotel, Parasound, or Acurus. 3. Speakers: you can get a very good used pair of monitor speakers plus subwoofer for $1500-2000. Interconnects: either buy good quality used cables from this site (such as Kimber Silver Streak or Hero) or www.usedcables.com, or new ones from HomeGrownAudio or www.bettercables.com. By way of example, here is my current system that I have assembled primarily from purchases on Audiogon or from dealers such as "Bestofdeal@aol.com". My main speakers: Vandersteen 3A Signature (MSRP $3500 - paid $2500). Center channel speaker: Vandersteen VCC-1 (MSRP $500 - paid $325). Rear surround speakers: Coincident Triumph Signatures (MSRP $1100 - paid $650). DVD player: Pioneer DV-37 (MSRP $1000 - paid $650 new). Preamp / processor: Adcom GTP 750 (MSRP $1900 - paid $1150 for unit with 4 weeks use). Main power amp: Bryston 4B-ST (MSRP $2400 - paid $1650 new). Surround power amp: Adcom 5503 (MSRP $1300 - paid $650 nearly new). Speaker cables: Kimber Kable 8TC bi-wire pairs (MSRP $385 - paid $225 with terminations). Silver interconnects by HomeGrown Audio. Total cost of system (some new, some used): about &7500 without turntable, etc. If you add in my VPI HW-19 Mk 4 with Rega 900 arm and cartridge (MSRP about $3K - paid $1600), and a Sony 32" WEGA TV, the total cost of my home theater system is just over $10,000. That's less than the cheapest decent car on the market, and I get a hell of a lot more enjoyment from it than owning a Hyundai or Daewoo. The only "caveats" are: your value system must place good music and sound high on the priority list; you must be willing to assemble the system over time, as you find the right pieces; and you must be willing to act quickly to buy when pieces become available. If you have a year or so to invest in some shrewd shopping, you can build a great system for 35-50% less than MSRP.
Thanks, KT.... Dan, I think you may have misunderstood me. In the 80's there was an extraordinary amount of money not being spent, but being held and manipulated by greedy manipulating, S.O.B.'s, can you say "Boesky"? I never saw people sleeping on the street until Reagan began implementing "trickle down economics", but I think it is fair to say that there is a tremendous amount of interdependance, and yes there is a "trickle down" factor, but I didn't intend that to be an economic guideline, just one of the many factors to consider when making judgements about what is "too much". I don't agree with the typical hate the rich attitude. You are who you are, rich, or not. I would not mind being rich, and I certainly would not mind buying Sony's top of the line video projector, a Camelot Roundtable DVD player, Avalon speakers, a great turntable, a Phillips 5 channel SACD player, Harmonic Technology Magic cables, and a beautiful house to put it all in. Would you?
i've got about $12k into my rig, but i'm by no means rich - it's been built up over the years in bits-n-pieces. one of the amps i use i purchased in '85. oh, & i'm also a bargain-shopper - the retail price of my system is ~$35k. :>) but the whole fambly enjoys listening to the toons...
To Tubegroover: Is a pair of Dunlavy SC-V's with an equal amount spent on room treatment to give a fairly decent imitation of a live performance of The Rite of Spring or the Mahler 8th a status symbol? Does your answer change if someone has regularly gone out of their way to hear these pieces live? BTW and just for grins, what per cent of your lifetime income will you have spent on "better things to be done with such wealth" please be specific.